Federer tops list of world’s highest-paid athletes

Swiss tennis legend Roger Federer has spent a record 310 weeks as world number one, winning 18 of 19 Grand Slam finals from 2005-2010. (Shutterstock)
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Updated 31 May 2020

Federer tops list of world’s highest-paid athletes

  • The bulk of Federer’s haul in the past 12 months was from appearance fees and endorsement deals
  • Next on the list was Portuguese football star Cristiano Ronaldo at $105 million, $60 million in salary

NEW YORK: Roger Federer topped the 2020 Forbes magazine list of highest-paid global athletes announced Friday, leading the lineup for the first time with pre-tax earnings of $106.3 million (95.5 million euros).
The Swiss tennis legend, a men’s record 20-time Grand Slam singles champion, becomes the first player from his sport atop the annual list since its 1990 debut, rising from fifth in 2019.
Federer’s haul over the past 12 months included $100 million from appearance fees and endorsement deals plus $6.3 million in prize money. His previous best showing was second in 2013.
“His brand is pristine, which is why those that can afford to align with him clamor to do so,” University of Southern California sports business professor David Carter told the magazine.
The ongoing coronavirus pandemic that shut down sports worldwide caused the first decline since 2016 in the total income of the world’s 100 top-paid athletes, a 9% dip from last year to $3.6 billion. Another plunge is expected next year from the shutdown.
Portuguese football star Cristiano Ronaldo was second on the list at $105 million, $60 million in salary and $45 million from endorsements, with Argentine football hero Lionel Messi third on $104 million, $32 million of that from sponsorship deals.
Messi and Ronaldo, who have traded the top spot three of the past four years, saw their combined incomes dip $28 million from last year due to salary cuts when European clubs halted play in March.
Brazilian footballer Neymar was fourth overall on $95.5 million, $25 million from endorsements, while NBA star LeBron James of the Los Angeles Lakers was fifth on $88.2 million, $60 million of that from endorsements.
NBA star Stephen Curry of the Golden State Warriors was sixth on $74.4 million with former teammate Kevin Durant next on $63.9 million.

Tiger Woods, the reigning Masters champion and a 15-time major winner, was eighth on the list and tops among golfers at $62.3 million, all but $2.3 million from sponsor deals.
Woods topped the Forbes list a record 12 times before an infidelity scandal helped end his run.
Two NFL quarterbacks rounded out the top 10 with Kirk Cousins ninth at $60.5 million and Carson Wentz 10th on $59.1 million.
The top 100 featured athletes from 21 nations and 10 sports. More NBA players made the list than those from any other sport at 35, but 31 NFL players made the cut, up from 19 from last year, and they pulled down the most money of any league, aided by finishing the season before the deadly virus outbreak.
Major League Baseball, whose start to the 2020 campaign was postponed by the virus outbreak, put only one player on the list after 15 in 2019. The lone MLB player was Los Angeles Dodgers pitcher Clayton Kershaw, who was 57th at $27.3 million with only $750,000 from endorsements.
Spanish footballer Sergio Ramos, the Real Madrid captain, was last among the 100 on $21.8 million, including $3 million in endorsements.
Two women, tennis stars Naomi Osaka of Japan and Serena Williams of the United States, made the list, the most females on it since 2016. Osaka ranked 29th overall on $37.4 million ($34 million in endorsements), four spots ahead of Williams with $36 million ($32 million in endorsements).
Federer, 38, boasts the biggest sponsorship lineup among active athletes with Moet & Chandon and Barilla among those paying from $3 to $30 million to link him with their brands.
Federer, who spent a record 310 weeks as world number one, reached 18 of 19 Grand Slam finals from 2005-2010.
Only Woods has joined Federer in making $100 million in sponsor deals in a single year.
Federer’s newest deal is with Swiss running shoe On, where he is an investor, but several sponsors have been with him for more than a decade, including Rolex, Credit Suisse, Mercedes-Benz and Wilson.
A split with Nike in 2018 opened Federer to Japanese apparel brand Uniqlo’s 10-year deal worth $300 million.


Man City’s court triumph set to intensify race for top 4 places in Premier League

Updated 14 July 2020

Man City’s court triumph set to intensify race for top 4 places in Premier League

  • The fight for a top-five finish has reverted back to needing to be in the top four to join champion Liverpool and City, already secured in second place

LONDON: Manchester City’s success in overturning its Champions League ban on Monday has huge ramifications on the Premier League and the remaining two teams that will qualify for Europe’s top club competition.

Chelsea, Manchester United and Leicester — and maybe Wolverhampton Wanderers and Sheffield United, too — are now fighting for two qualifying spots instead of three with two weeks of the season remaining.

The fight for a top-five finish has reverted back to needing to be in the top four to join champion Liverpool and City, already secured in second place, in earning tens of millions of dollars in UEFA prize money next season.

The most concerned team is likely to be Leicester.

In the top four since September — and, in December, even looking like the most realistic title challenger to Liverpool — Leicester have imploded, collecting only two wins from their last 11 league games stretching back to the end of January.

After losing to relegation-threatened Bournemouth 4-1 on Sunday, Leicester will find themselves  in fifth place if Man United beat  Southampton on Monday.

United appears much more likely to secure a top-four finish and return to the Champions League after a season’s absence.

With four straight wins ahead of the Southampton game, United are the form team in the league and also has the most benign remaining schedule with upcoming matches against Crystal Palace and West Ham before what could be a winner-takes-all game game at Leicester on the final weekend of the season.

Making it all the more intriguing is the fact that another final-day match is between Chelsea and Wolves.

Chelsea is currently in third place, one point ahead of Leicester, but will drop into fourth if United beat  Southampton.

A victory over already-relegated Norwich on Tuesday appears pivotal for Chelsea, considering its last two games are at Liverpool — a team chasing records to cap its title-winning season — and then Wolves, who have gained a reputation for beating the top teams over the last two years.

Wolves are in sixth place, four points off the top four, so the ruling by the Court of Arbitration for Sport has come as a blow to their Champions League ambitions.

Indeed, Wolves’ best chance of qualifying for the competition is now to win the Europa League, which earns entry to the Champions League. The team coached by Nuno Espirito Santo has reached the last 16 of the Europa League and will play the second leg of its match against Olympiakos next month, with the score at 1-1 after the first leg.

Likewise, seventh-place Sheffield United needed City to lose its appeal at sport’s highest court to stand a realistic chance of a finish in the Champions League positions, a prospect that would have seemed fanciful for a team that was widely tipped for relegation at the start of the season.

Europa League qualification will be Sheffield United’s target now, with seventh place possibly earning that reward if Manchester City, Manchester United or Chelsea win the FA Cup.